Microsoft may rise to 416.25 - 420.00

Pivot

408.00

Our preference

Long positions above 408.00 with targets at 416.25 & 420.00 in extension.

Alternative scenario

Below 408.00 look for further downside with 401.00 & 398.00 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

422.00

420.00

416.25

412.30 Last

408.00

401.00

398.00

Number of asterisks represents the strength of support and resistance levels.